The U.S. small caliber ammunition market things like ammunition for pistols, rifles, and other small firearms - was worth around $2.35 billion back in 2018. This market is expected to continue growing steadily in the coming years. By the year 2032, it's projected to reach a value of $4.43 billion. That represents an average annual growth rate of about 5% over the forecast period from 2018 to 2032.

Informational Source:

https://www.fortunebusinessinsights.com/industry-reports/u-s-small-caliber-ammunition-market-101915

So in simpler terms, the U.S. market for small caliber ammunition like bullets and cartridges for handguns, rifles, and other small firearms is sizable, currently worth around $2.35 billion. And this market is forecasted to grow at a moderate pace of 5% per year, reaching over $4.4 billion in value by the year 2032.

Companies Covered in US Small Caliber Ammunition Market are: